on CNP ASSURANCES (EPA:CNP)
First-Half 2024 Results: CNP Assurances Maintains Robust Financial and Non-Financial Performance
CNP Assurances reported premium income of €19 billion for the first half of 2024, a 2% decline compared to the same period in 2023. Attributable net profit stood at €758 million, down 15%. The consolidated SCR coverage ratio improved to 263%, reflecting a 10-point increase since the end of 2023. The equity decreased by 7% to €20.8 billion.
Outstanding green investments climbed by €1.5 billion, reaching €28.7 billion. The carbon footprint of the investment portfolio also saw a slight reduction, aligning with the Paris Agreement. Women now hold 43% of senior management positions, a 3-point rise.
Agreements with La Mutuelle Générale and Banco de Brasília are seen as growth levers. The company emphasizes its commitment to sustainability and enhancing accessibility to insurance products.
R. P.
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